KNOP Options History — May 2024

In May 2024, KNOP traded between $5.22 and $6.27. ATM implied volatility averaged 47.9%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 10.8% (HV 20d: 37.1%). Max pain ranged from $5.00 to $5.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 0.58.

Notable Days

2024-05-02: Highest Volume — 55 contracts
2024-05-31: Largest IV spike — 81.5% change
2024-05-14: Highest IV Rank — 35.6%
2024-05-31: Largest Expected Move — 22.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$5.54	$5.22	$6.27	$5.24	$6.27
Max Pain	$5.00	$5.00	$5.00	$5.00	$5.00
ATM IV	47.9%	30.4%	93.5%	43.7%	79.9%
Expected Move	12.5%	8.7%	22.9%	12.5%	22.9%
HV 20d	37.1%	32.1%	44.0%	32.1%	40.4%
HV 60d	30.2%	28.6%	32.4%	28.6%	32.4%
IV Rank	11.2%	1.8%	35.6%	8.9%	28.3%
IV Percentile	45.3%	2.0%	97.6%	36.9%	94.8%
Term Structure	2.2%	-26.6%	16.6%	3.4%	-18.9%
VWIV	41.6%	21.5%	56.1%	31.7%	56.1%
Bid-Ask Spread %	91.16	38.84	112.73	65.43	92.17
Gamma HHI	0.53	0.50	0.67	0.51	0.67
Net GEX	499	-348	2.3K	-294	2.3K
Net DEX	-54.5K	-123.5K	-17.0K	-17.0K	-123.5K
Net VEX	-605	-712	-537	-589	-712
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.00	4.00	0.12	0.07
Total Volume	17.682	0	55	0	46
Total OI	824.591	776	893	795	876

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-05-01	$5.24	$5.00	43.7%	12.5%	32.1%	8.9%	0.0%	0.0%	3.4%	-294	-17.0K	-589	0.00	65.43	0	0	486	309
2024-05-02	$5.42	$5.00	32.4%	9.3%	34.3%	2.8%	31.7%	0.0%	16.5%	170	-47.4K	-610	0.12	85.51	49	6	486	309
2024-05-03	$5.43	$5.00	33.1%	9.5%	34.2%	3.2%	0.0%	0.0%	10.2%	296	-47.5K	-624	0.00	61.86	0	0	504	308
2024-05-06	$5.22	$5.00	47.6%	11.9%	37.1%	11.0%	40.6%	0.0%	1.7%	-90	-30.5K	-596	0.59	99.52	17	10	504	308
2024-05-07	$5.22	$5.00	38.3%	10.8%	37.1%	6.0%	43.2%	0.0%	14.9%	80	-35.6K	-610	0.00	112.55	0	1	516	318
2024-05-08	$5.24	$5.00	39.8%	11.5%	36.1%	6.8%	42.0%	0.0%	-2.7%	-254	-30.2K	-584	0.00	100.36	2	0	516	313
2024-05-09	$5.32	$5.00	62.0%	11.6%	36.5%	18.7%	45.8%	0.0%	11.4%	189	-41.8K	-619	0.50	100.59	2	1	517	313
2024-05-10	$5.36	$5.00	49.5%	11.7%	36.6%	12.0%	43.6%	0.0%	7.9%	125	-45.0K	-605	1.00	109.64	1	1	516	314
2024-05-13	$5.37	$5.00	59.6%	12.7%	35.2%	17.4%	0.0%	0.0%	2.6%	91	-45.8K	-583	0.00	103.17	27	0	515	315
2024-05-14	$5.33	$5.00	93.5%	13.5%	35.3%	35.6%	0.0%	0.0%	4.9%	148	-42.4K	-579	0.00	107.07	0	0	508	315
2024-05-15	$5.29	$5.00	33.2%	9.5%	35.1%	3.3%	0.0%	0.0%	-1.6%	-348	-39.4K	-537	0.00	110.99	0	15	508	315
2024-05-16	$5.36	$5.00	55.5%	15.9%	35.2%	15.2%	0.0%	0.0%	-26.6%	-96	-35.5K	-578	0.00	107.89	0	55	508	330
2024-05-17	$5.46	$5.00	43.6%	12.5%	35.6%	8.8%	0.0%	0.0%	16.6%	727	-62.2K	-633	0.00	106.09	10	0	508	385
2024-05-20	$5.46	$5.00	45.6%	13.1%	35.4%	9.9%	40.2%	0.0%	8.3%	179	-28.8K	-567	0.13	86.81	8	1	483	293
2024-05-21	$5.61	$5.00	43.1%	12.4%	35.7%	8.6%	40.2%	0.0%	8.0%	661	-45.8K	-622	4.00	38.84	2	8	491	292
2024-05-22	$5.39	$5.00	30.4%	8.7%	37.8%	1.8%	21.5%	0.0%	10.5%	274	-33.6K	-582	0.36	69.00	11	4	491	298
2024-05-23	$5.77	$5.00	46.7%	13.4%	43.8%	10.5%	50.9%	0.0%	-10.7%	933	-66.6K	-610	0.03	112.73	33	1	491	296
2024-05-24	$5.96	$5.00	39.0%	11.2%	44.0%	6.4%	43.1%	0.0%	-1.7%	1.1K	-85.7K	-559	2.50	59.91	8	20	512	295
2024-05-28	$6.12	$5.00	48.1%	13.8%	39.2%	11.3%	42.6%	0.0%	4.8%	1.5K	-99.1K	-675	0.00	98.41	46	0	517	315
2024-05-29	$5.97	$5.00	45.7%	13.1%	40.2%	10.0%	0.0%	0.0%	-10.9%	1.5K	-94.4K	-618	0.00	88.80	1	0	559	315
2024-05-30	$6.04	$5.00	44.0%	12.6%	40.1%	9.1%	0.0%	0.0%	-1.2%	1.8K	-102.1K	-614	0.00	88.20	3	0	558	315
2024-05-31	$6.27	$5.00	79.9%	22.9%	40.4%	28.3%	56.1%	0.0%	-18.9%	2.3K	-123.5K	-712	0.07	92.17	43	3	561	315